UNITED MICROELECTRONICS (NYSE: UMC) SVP Oliver Chang discloses 4,819,289-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
UNITED MICROELECTRONICS CORP senior vice president Oliver Chang filed an initial Form 3 showing direct ownership of 4,819,289 Common Shares. This holding includes 1,270,000 shares of Restricted Stock Award (RSA), with a specified portion scheduled to vest each year on December 5 from 2026 through 2029. The filing records Chang’s starting equity position as an officer rather than any new share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHANG OLIVER
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,819,289 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common Shares held: 4,819,289 shares
Restricted Stock Awards: 1,270,000 shares
RSA vesting period start: December 5, 2026
+1 more
4 metrics
Common Shares held
4,819,289 shares
Total Common Shares directly owned following the reported holding entry
Restricted Stock Awards
1,270,000 shares
Portion of holdings designated as Restricted Stock Award (RSA)
RSA vesting period start
December 5, 2026
Annual vesting of RSA shares begins on this date
RSA vesting period end
December 5, 2029
Annual vesting of RSA shares continues through this date
Key Terms
Restricted Stock Award (RSA), Common Shares, Form 3
3 terms
Restricted Stock Award (RSA) financial
"Includes 1,270,000 shares of Restricted Stock Award (RSA) and a specified number"
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does Oliver Chang’s Form 3 filing for UMC show?
The Form 3 shows that SVP Oliver Chang directly holds 4,819,289 Common Shares of UNITED MICROELECTRONICS CORP (UMC). This initial statement records his starting equity position as an officer, rather than reporting any recent share purchases or sales.
What portion of Oliver Chang’s UMC stake is Restricted Stock Awards (RSA)?
The filing states that Chang’s holdings include 1,270,000 shares of Restricted Stock Award (RSA). These RSAs are part of his total 4,819,289-share position and represent stock granted subject to vesting conditions over several future years.
What is the vesting schedule for Oliver Chang’s Restricted Stock Awards at UMC?
The Form 3 footnote explains that a specified number of shares under the Restricted Stock Award (RSA) will vest annually on December 5 from 2026 through 2029. This means the RSA grant converts into fully owned shares gradually over four years.